To strengthen bilateral cooperation in the steel sector, India and Japan held the third Steel Dialogue in New Delhi, India. Topics discussed included the current economic development of the two countries, an overview of the steel industry and developing trends, the status of steel trade between the two countries, and the international steel market.
India expressed the government's determination to promote research and development in the steel industry and emphasized the strategic measures taken by the government to promote ease of doing business; infrastructure investment will drive continued growth in steel demand, and coupled with demographic advantages, it will bring significant opportunities for Japanese investors.
The Japanese delegation shared their insights on the current economic development of the Japanese steel industry, and the two delegations focused on discussing deepening cooperation and how to further strengthen strategic cooperation in the steel sector.
